Lake Destiny Trl., Altamonte Springs, FL 32714

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Highly desired Spring Lakes subdivision. Lake home located just four houses up the canal in a gated community. This gorgeous, almost 3000 square-foot house needs mostly cosmetic upgrades. It already has a large open floor plan with vaulted ceilings. The light and bright wall of windows overlooks the pool and canal.

Comps range from 177/sf to 215/sf.   We think a range of $500k to $525k is fair.  That would be between $177 and $185/sf.

Spring Lake Hills, Monthly HOA: $150

Assignable

Est. Rehab: $50,000 – $60,000

Est. ARV: $500,000 – $525,000

Recent Area Sales / Activity:

• 165 NW Spring Isle Trl N – 4/2.5, 2249 SF – Pending for $423.5k
• 125 Spring Isle Trl – 4/3, 3038 SF – Pending for $485k
• 160 Springwood Trl – 4/2 full/2 half, 2384 SF – Sold 8/31/17 for $429.9k ($180.33 PSF)
• 130 Spring Cove Trl – 3/2.5, 2515 SF – Sold 2/22/18 for $450k ($178.93 PSF)
• 120 Springwood Pl – 4/2, 2506 SF – Sold 5/15/18 for $540k ($215.48 PSF)
• 120 Spring Cove Trl – 4/4.5, 4530 SF – Sold 12/12/17 for $803k ($177.26 PSF)